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Decision on extending the term of the land lease agreement and making amendments and additions to it

4048-ԱIn force

This decision extends the lease agreement for a land plot occupied by a garage in the Arabkir administrative district until September 1, 2031. It amends the agreement to include provisions for unilateral termination by the lessor, specifies notification procedures, adjusts the annual lease payment to 33,044 AMD, and updates other contract clauses. The decision also mandates state registration of the rights arising from the agreement.

Property managementArabkir

What was decided

  1. Contract extendedLease agreement

    The term of the lease agreement for the land plot occupied by garage 23 at building 4, Yerznkyan street, concluded on 23.12.2004 under No. 6303, is extended until September 1, 2031.

    • Counterparty: Zemfira Barseghyan
    • Executor: Arabkir Administrative District Head's Office
    Object
    Yerevan, Yerznkyan street, building 4, garage 23
    Cadastral code
    25062012-01-0711
    Area
    23.7 m²
  2. Act amendedLease agreement

    Clause 6.8 of the lease agreement is amended to state that the lessor has the right to unilaterally terminate the agreement under certain conditions related to urban development or public interest projects, with termination effective three months after notification. The state registration of the lease right is invalidated upon the lessor's application.

    • Owner: Yerevan Municipality

    Replaced 6303 · Clause 6.8

    The lease agreement is considered terminated the day after the lessee receives notification of unilateral termination from the lessor.

    The lease agreement is considered terminated the day after the lessee receives notification of unilateral termination from the lessor. The state registration of the lease right arising from this agreement is invalidated upon the application of the lessor, in accordance with sub-point G of point 3 of part 3 of Article 35 of the Law "On State Registration of Rights to Property".

  3. Act amendedLease agreement

    Clause 6.9 is added to the lease agreement, specifying the methods of notification for unilateral termination by the lessor, including publication on official websites, email, and registered mail, and stating that the lessee is considered duly notified upon publication.

    • Owner: Yerevan Municipality

    Added 6303 · Clause 6.9

    Clause 6.9 is added, detailing that the lessor's written notification of unilateral termination will be simultaneously published on www.yerevan.am and www.azdarar.am, sent to the lessee's email if available, and sent by registered mail. The lessee is considered duly notified upon publication on these websites. The lessee is obliged to continuously monitor these websites.

  4. Act amendedLease agreement

    Clause 6.10 is added to the lease agreement, confirming the validity of the notification methods described in Clause 6.9 and the lessee's obligation to monitor the specified websites.

    • Owner: Yerevan Municipality

    Added 6303 · Clause 6.10

    Clause 6.10 is added, stating that the notification methods in Clause 6.9 are considered proper and valid, and the lessee is considered duly notified upon publication on the specified websites, with the ongoing obligation to monitor them.

  5. Act amendedLease agreement

    Clause 8 of the lease agreement is amended to specify the annual lease payment amount and the calculation method, referencing a decision of the Council of Elders and the cadastral value per square meter.

    • Owner: Yerevan Municipality

    Replaced 6303 · Clause 8

    The annual land lease payment is 33,044 AMD. The cadastral value is approximated to the market value at the time of contract conclusion.

    Clause 8 is amended to state that the annual land lease payment is 33,044 AMD, calculated as 1% of the cadastral value of 139,425 AMD per square meter for the 23.7 sqm plot. The cadastral value is approximated to the market value at the time of contract conclusion.

  6. Act amendedLease agreement

    Clause 9 of the lease agreement is amended to regulate the procedure for notifying the lessee about changes in cadastral value or lease payments and the lessee's right to terminate the agreement in response to such changes.

    • Owner: Yerevan Municipality

    Replaced 6303 · Clause 9

    In case of an increase in the cadastral value or lease payment, the lessor must notify the lessee in writing at least 15 days prior to the new payment becoming effective. The lessee can terminate the agreement within this 15-day period.

    Clause 9 is amended to state that in case of an increase in the cadastral value or lease payment, the lessor must notify the lessee in writing at least 15 days prior to the new payment becoming effective. The lessee can terminate the agreement within this 15-day period.

  7. Act amendedLease agreement

    Clause 12 of the lease agreement is amended by changing a specific number.

    • Owner: Yerevan Municipality

    Replaced 6303 · Clause 12

    The number in Clause 12 is "900015211072".

    The number in Clause 12 is changed from "900015211072" to "900035311027".

  8. Cadastre action requestedReal estate object

    The right arising from the agreement mentioned in the first point of this decision is subject to state registration in the relevant territorial subdivision of the Cadastre Committee of the Republic of Armenia.

    • Executor: State Committee of the Real Estate Cadastre of the Republic of Armenia
    Object
    Yerevan, Yerznkyan street, building 4, garage 23
    Cadastral code
    25062012-01-0711
    Area
    23.7 m²
  9. Execution assignedOther

    The organization and responsibility for the execution of this decision are entrusted to the head of the Arabkir administrative district of Yerevan.

    • Executor: Arabkir Administrative District Head's Office
  10. Oversight assignedOther

    Control over the execution of this decision is ensured by the first deputy mayor of Yerevan, A. Pambukhchyan.

    • Oversight: A. Pambukhchyan

Full text

DECISION OF THE MAYOR OF YEREVAN

RA, 0015, Yerevan, Argishti 1
№____________ « » 2026

ON EXTENDING THE TERM OF THE LAND LEASE AGREEMENT, MAKING AMENDMENTS AND ADDITIONS TO THE AGREEMENT

The basis for the adoption of the administrative act was Zemfira Barseghyan's application to extend the term of the lease agreement concluded for the land occupied by garage No. 23 of building No. 4, Yerznkyan Street (state registration certificate of rights to real estate No. 25062012-01-0711).

The cadastral value of garage No. 23 of building No. 4, Yerznkyan Street, is 2408213 AMD.

Guided by Article 49 of the Law "On Local Self-Government in the City of Yerevan", Articles 3, 53, 59 and 60 of the Law "On the Fundamentals of Administration and Administrative Procedure", Parts 1 of Articles 466 and 468 of the Civil Code, Decision No. 1023-N of the Government of the Republic of Armenia of June 4, 2020, and the appendix to Decision No. 463-N of the Yerevan City Council of December 23, 2025.

  1. Authorize the head of the Arabkir administrative district of Yerevan to conclude an agreement with Zemfira Barseghyan on behalf of the Mayor of Yerevan, in the manner prescribed by law, on extending the term of agreement No. 6303 concluded on 23.12.2004 for the land plot with an area of 23.7 sq.m. occupied by garage No. 23 of building No. 4, Yerznkyan Street, and making amendments and additions thereto, including the following amendments and additions to the agreement:
  1. Supplement point 16 of the agreement with a new paragraph, with the following content:

"Based on the agreement concluded between the parties, the term of the agreement has been extended until September 1, 2031."

  1. Remove the words "and alienating the fixed real estate to the lessor" from sub-point 5.5 of the agreement.

  2. Supplement point 6 of the contract with new sub-points 6.8, 6.9 and 6.10, with the following content:
    "6.8 The Lessor has the right to unilaterally withdraw from this contract due to the implementation of urban development or investment programs approved by the Yerevan community or the Yerevan Municipality, or the regulation of urban development issues of yard and inter-yard areas, as well as the implementation of other programs by or with the participation of the Yerevan community, or the regulation of other issues of public importance, in which case the contract is considered terminated (ceased) on the day following the expiration of three months from the date of receipt of the notice of unilateral withdrawal from the contract by the Lessee, and the state registration of the right of lease arising from this contract is recognized as invalid in accordance with sub-point G of point 3 of part 3 of Article 35 of the Law "On State Registration of Rights to Property", based on the application of the Lessor."
    "6.9 The parties hereby unconditionally agree that the Lessor's written notice of unilateral withdrawal from the contract in accordance with sub-point 6.8 of the contract shall be carried out simultaneously by the following 3 methods:
    a) The Lessor's written notice is published on the websites of the Yerevan Municipality www.yerevan.am, as well as on the public notices website of the Republic of Armenia www.azdarar.am,
    b) The Lessor's written notice is sent to the Lessee's e-mail address (if available),
    c) The Lessor's written notice is sent by postal delivery via registered mail."
    "6.10 The parties hereby unconditionally agree and guarantee that the notification methods specified in sub-point 6.9 of the contract are considered proper and valid. Moreover, from the day of publication of the notice on the mentioned websites, the Lessee is considered properly notified of the unilateral withdrawal from the contract. The Lessee unconditionally agrees that throughout the entire period of validity of the contract, monitoring the websites www.yerevan.am and www.azdarar.am is his continuous and uninterrupted contractual obligation under any circumstances."

  3. Point 8 of the contract shall be set forth in the following wording:
    "8. The annual rent for the land plot, in accordance with paragraph d) of sub-point 1 of point 40 of the appendix to decision No. 463-N of the Yerevan City Council of December 23, 2025, amounts to 33044 (thirty-three thousand forty-four) AMD (23.7 sq.m x 139425 x 1%). At the time of signing the contract, the cadastral value of the land plot approximated to the market value is 139425 AMD per 1 sq.m."

  4. Point 9 of the contract shall be set forth in the following wording:
    "9. In cases of change (in case of increase) of the cadastral value of the land approximated to the market value and (or) the amount of rent by decisions of the Yerevan City Council, the Lessor is obliged to notify the Lessee in writing in advance about the new value (rent). Approximated to the market value

land cadastral value and (or) rent increase, the calculated rent amount shall be applied (the contract shall be considered amended) no sooner than 15 days after written notification thereof. The rent shall not be changed if the Lessee has notified the Lessor of the early termination of the contract (renunciation of the contract) before the expiration of the corresponding 15-day period.".
6) in clause 12 of the contract, replace the number "900015211072" with the number "900035311027".
2. Take note that the right arising from the agreement mentioned in the first point of this decision is subject to state registration in the corresponding territorial subdivision of the Cadastre Committee of the Republic of Armenia.
3. This decision may be appealed administratively to the Mayor of Yerevan or judicially to the Administrative Court of the Republic of Armenia within a two-month period from the date of its entry into force.
4. The organization and responsibility for the execution of the decision shall be assigned to the head of the Arabkir administrative district of Yerevan.
5. Control over the implementation of this decision shall be ensured by the First Deputy Mayor of Yerevan, A. Pambukhchyan.

TIGRAN AVINYAN